Government to help Air Serbia repay Etihad debt

The Serbian Minister for Finance, Sinisa Mali, has said the government will help Air Serbia repay two loans, of $52.9 million and $63 million dollars, to an SPV backed by Etihad, reported local news service Ex-YU Aviation. The airline was recently rebuffed in its moves to have the debt, issued in 2015 and 2016 respectively written down by 82%.. Time is tight as the first loan matures in September. “We are negotiating with the creditors. While I can’t reveal the contents of those talks, I can say that we will certainly help Air Serbia. We are working towards resolving this